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that it will affect 90% of people in metropolitan areas? >> if you're not paying a next year, thank the new york delegation. they are the ones leaving it. gerri: big news, g by 40% stake in the compa. >> castillo is about $50 billion. the prices of stock have to get up to $69 it's down around 24 right now. i'm not going to hold my breath on that one. but i think that gm understood that it had to do something. because its own internal polling and focus groups suggest there was a stigma -- as public attached a stigma that they had taken this public money, which is very inresting to me. it may have helped rocco, when michigan and ohio, but it didn't help gm. >> gm is giving the stock at a bargain. the ipo is $10 more per share. the one that's just terrible. >> i think that the government should get out of this quickly as possible. obviously you want to do it in an orderly fashion. the were never going to happen again. who president of the government actually taking over, taking a controlling share, calling shots, who is going to be the ceo and stuff like that. the sooner we get past that, the bette
: the fire broke out just before sunrise. the 9-1-1 call at 5:35 a.m., in sleepy webster, new york. two firefighters sped to the scene in their engine, two others drove their own cars. but when they moved in to battle the blaze, gunfire. >> reporting three firefighters injured. one taking cover in a crashed fire truck. two have been down in the street and they're serious. >> reporter: police now say it was all a trap. that a gunman was laying in wait for the first responders to arrive. all four firefighters were shot. >> fireman mike chiapperini, who is also a lieutenant with the webster police department, was deceased at the scene. >> reporter: 43-year-old chiapperini was named the webster fire department's firefighter of the year just two weeks ago. also slain, tomasz kaczowka. the department calls him a tremendous young man. >> these people get up in the middle of the night to go put out fires. they don't expect to be shot and killed. >> reporter: webster police have identified the gunman as 62-year-old william spengler, whose home burned today. he had a lengthy criminal history, ser
. >>> a note was left by the suspected shooter that killed two firefighters in new york. more on details of the person already convicted of murder. >> reporter: police say this christmas eve ambush of four volunteer firefighters attacked as they arrived to battle a massive fire in new york. >> it was a raging inferno out there. >> reporter: it was spelled out in typewritten detail. >> quote i still have to get ready to see how much of the neighborhood i can burn down and do what i like doing best, killing people. >> reporter: authorities say 62-year-old william spengler, who served prison time for killing his grandmother more than 30 years ago shot at first responders who arrived at his burning house, the fire spread to six other homes. >> we are being shot at. multiple firemen down. i am shot. ease using an assault rifle. >> he was equipped to go to war killing innocent people. >> reporter: the gunman was well fortified. . .38 caliber handgun, 12 gauge shotgun and bushmaster 23 rifle, the same used in the connecticut school shooting. two firefighters were killed and two others hospitali
now taking their fights over wages to mcdonald's in new york ci. from mickey d's to wal-mart to one of our nation's busiest airports to key shipping ports. big labor is flexing its big muscles after the election and gary b, you say it's a big problem for us, the consumers, how so? >> absolutely, brenda, look, everyone should realize what unions are, unions are a little monopoly in the comny and exercising the the monopoly powers, raise the rates and this days the wages for their employees through an unsustainable level. so what the employees have to do is pass those costs on to the consumer. you know, you just have to ask, brenda, where have unions made an industry more competitive? i can think of examples where they haven't, airlines, steel, auto, across the board, governments they put out of business, if even can argue they've made it more competitive. i'd stand up for unions and i can't find aexample. >> prices have gone up in all of tho industries and you say, fast foods, too cheap? >> yeah, i mean, i'll tell y what, i don't actually believe that we'll see unions at the fast foo
platform. "the new york post" cover that has the paper in hot water this morning. >> plus we have the 911 tapes and the alleged murder/suicide involving kansas city chiefs play er javon belcher. >>> and there's no plan to keep us from going over the fiscal cliff. broken record, broken record. i'm christine romans in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted
over to the carolinas as the snow shifts up to the great lakes, in northern pennsylvania and new york. wednesday night, the low starts to redevelop on the coast pulling the cold air in but not enough to create a major snow event for the northeast i-95 cities. so we should be doing okay there. but still, nonetheless, snowy travel for many across the appalachians and northern new england. going back to wednesday, d.c., certainly impacted. pittsburgh, on back into cleveland, all these airports where we expect the snow, there will be severe weather in raleigh down to the south of this. but it's all go up to the north because the storm hasn't gotten into the thick of it yet. thursday, up into new england goes the meat of the storm. but backlash snow and wind. and on friday, we got the all go as we are now in a break between storms. but a break is the keyword there. but here comes the trough of low pressure sliding off to the great lakes and the rocky mountains. and that means a new storm will develop and impact these areas into saturday. a lot of people potentially heading back this weeken
, and tonight, juju chang in new york city, this is "nightline," december 12th, 2012. >>> good evening to you. i'm juju chang. tonight, a baffling portrait is emerging of that mass shooter in oregon who opened fire on a crowd shopping for some holiday cheer. this year, there's been a disturbing number of mass shootings, and investigators say while copycats may be inspired, each shooter has a distinct and chilling back story. we interviewed the 22-year-old's ex-girlfriend, who calls it mind boggling. >> reporter: chaos amidst the christmas mall rush. lines of shoppers, even children could be seen streaming out with their hands up while a gunman was still inside, announcing from behind a mask, "i am the shooter." a day later, a view of the suspect is now coming into focus. police say 22-year-old jacob tyler roberts was the masked gunman, a young man with no history of serious trouble, who allegedly stole an assault rifle from an acquaintance and set off alone on a deadly rampage. >> we do not understand the motive of this attack, except to say that there's no apparent relationship between the susp
of companies, foreign companies listing in new york is down. people don't want to list new york with all this uncertainty and regulations. ipos are down, small business start-ups are down. so the president needs to level with the american people a tremendously insurmountable entitlement problem unless we do something structural. that is what he should be doing, and that is what it's all about. right now it's all about taxes. gerri: no one is doing that right now. a last word here. everybody wants to have something bigger done. it doesn't seem possible right now. do you think ultimately congress and the white house will find some common ground? >> i think they will. they always do. again, one of our other guests has talked to me about that churchill "which is america has this inevitable way of doing the right thing. how this we will do something right. gerri: very good point. thank you so much. thank you for coming on tonight. appreciate your time. have a great holiday. still to come, reaction to the takeover of the nyse, and a huge highest involving one of the world's most valuable commo
bright with these. so santa can find his way. lindsay davis, abc news, new york. >> i love that. the 26 lights and also what you're seeing a lot of folks do, talk about, the 26 random acts of kindness. one act in honor of each victim killed inside the school. picking up some steam, you see some stuff in social media about that. also cool, the whole newtown police force gets to be off today and spend christmas with their family because all the other cops from around the state of connecticut said, go home and be with your family. that's so great to hear. they need mental, physical and emotional time off. >> you hear from so many families. they say your priorities change immediately. you don't have a home this holiday. what are you supposed to do? >> as we open our gifts this morning, keep the sandy folks and newtown folks in your head and in your heart today, for sure. >>> also with the holiday message, pope ben tikt xvi expressed his concern. the pope opened that service with a traditional latin wish for peace and blessed thousands of worshippers during midnight mass at st. peter's basil
forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he months. they trade stocks. energy, interest rates, commodities, agriculture, that's what it's bat. global platform for the trading in so many different asset classes, particularly as it relates to derivatives, putting these two companies together this way. cost synergy is very important. $450 million what they are looking for. say that will take place after the second full year, realizing all of them but almost 80% within two years of closing. that's related to technology savings. clearing duplicate expenses, one public company instead of two save money. there are going to be some job losses one would anticipate here as well. women see how ice shares do today, of course, a growth company, so in growth shareholder
. my partner sue at the new york stock exchange. my partner sue with big interviewes this hour. >> that's right, ty. i spent the afternoon at blackrock's trading room and i got their outlooks for 2013. you will see it first here on cnbc. >>> here are investment take aways. fixed income. they feel there is danger in what many people consider a safe play. commodities, they have a long view there in many of those sectors. equities is kind of a global shorg an board, if you will. but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean t
as the holiday season approaches, there are many families in new york and new jersey in homes without power because of superstorm sandy. while the president found time to once again go golfing over the weekend with his pal bill clinton, he may want to sit down with his emergency management team and find a way to help the people in new york and new jersey. there are many out there who think they've been forgotten by the government, and many of them have been speaking out at town hall events like this one. take a look. >> the next storm that hits, everybody is going to be vulnerable. there is no sea wall. there's no burm. there's no protection from the ocean. >> what is the long term plan because people are living in tents and in hospitals and hospitals. that's not a long term plan. that is a short-term plan. >> a hundred percent of the homeowners do not want to rebuild. never want to go through this kind of trauma again. >> we need money to rebuild. i cannot pay my bills. i need money to rebuild to pay the contractor. he's not taking the blanket or the shoes. >> we'll continue more with patr
plaido eer madoff s didn't know about the fraud until his brother told him. a new judge in new york said she had a hard time believing that. >>> and call this an indication of the reduced influence of the 220-year-old new york stock exchange. it's being bought by a company that's just 12 years old. no major changes are expected after atlanta based intercontinental exchange completes its $8 billion purchase. that should happen sometime next year. >> wow. >> $8 billion. >> to purchase the new york stock exchange. that's fascinating. what that could potentially mean should be interesting. but we'll see how it plays out, as always. >>> facebook will soon be racking up more revenue $1 at a time. the social network is testing out a new service on a limited number of people for $1, and will guarantee delivery of a message into the main inbox of someone who they are not friends with. currently, some of you may know messages from nonfriends most likely end up in a much ignored folder labeled other. the company says the fee should help discourage spammers. let's hope so. i never knew that box exis
by josh and amy and lara. liz intet in new york. right now, all across america, parents are sending their children to school, a lot of fear as well. we want to begin with gun violence, mental illness. we'll continue it all week long. >> are my children safe, it's a question parents are asking. security has been beefed up at schools and campuses around the country. as new details now surface about the horrifying moments when the shooter entered that school and unimaginable. to end that, we'll be joined by the school nurse. >> sally cox. she'll be with us in a minute. >>> let's get right to the presidents right now. he spoke last night. he came here and met with the families. he was with allison, the granddaughter of the school principal. the president comforted the families yesterday. then delivered the speech. he told the people of newtown, they're not alone. a powerful call to action. a president filled with angry. >> i come to offer the love and prayers of a nation. mere words cannot match the depths of your sorrow. nor can they heal your wounded hearts. you're not alone in your g
border. >>> new york's democratic governor andrew cuomo, a potential candidate in 2016 will not say whether he would endorse hillary clinton. he says that's a long way away and she hasn't decided if she will run. >>> if u.n. ambassador susan rice is nominated for secretary of state to replace hillary clinton, senator john mccain said he will be part of theirings. >>> conservative glenn beck is now joining republicans who support gay marriage. he said, quote, it's not whether they should be married or not. the question is why is the government involved in our marriage. >>> former house majority leader dick armey talking on cbs talking about the 2012 election said, quote, we had a lot of candidates, quite frankly, that did dumb things out there. >>> the republican national committee is planning an autopsy on the campaign to exam what worked and what didn't work in 2012. >>> a new politico poll finds that romney supported him by 47% and 650% put romney on their night list. >>> meanwhile the president and his family got in the spirit at the christmas concert with diana ross and koenen o
. and where new york state and new jersey we'll see that rain lift up. washington improving conditions. new york city very heavy rain and very gusty winds. that is part of the problem with this storm and has been since the beginning. we are seeing the swaths of snow but the winds are so strong. in the last three hours 40 mile per hour wind gusts in new york city. so again, the snow cheering out of illinois and indiana but look at what it has left behind. in areas of illinois, 18 inches. in indy, 7 inches, kentucky, 4 inches. and here's what's left of it. the whole storm lifting to the north. upstate and western new york getting 5 to 9 inches of snow. nine to 12 inches in northern new york and the green and white mountains of new hampshire. >> and of course all anybody wants to know is when can we expect to see the weather improve around the country? >> it will. it is going to improve. we are going to watch this move. here is the area of low pressure we are watching. here's the time stamp tonight at 10:00. right on the money. here is where that low pressure is right over washington where is
. >> a search is under way in new york for a man accused of pushing another man to his death in the subway. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >> please shut up. just shut up. >> you shut up. >> that got annoying at the end. >>> and all that matters. >> let the speculation begin. will and katherine are expecting a baby. but what happens if they have twins? >> the top baby names of 2012 were just announced and sophia is the top name for girls and aiden is the top name for boys. >> sochlt pphia and aiden. least popular, kim jong and sandusky. captioning funded by cbs republicans seem to be at a standstill. >> on monday gop leaders made their counter offer to president obama and officials quickly dismissed it. major garrett is at the white house this morning. good morning. >> reporter: good morning, charlie and norah. there's no prospect for a deal and not much talking going on either. for the first time there are numbers on the pieces of paper from the white house and the
latest, but his listening in. time for the floor show. traders of the new york stock exchange, cme group, and the nymex. a teeny little stumble after the comments from harry reid, but are you surprised by the resiliency of this rally with volume 30 percent better than friday? >> not so surprised. for a while now, for the last week when it comes to the the stock of negotiations, this the inside game and the outside game it's playing out precisely how we thought it would. they get in front of the cameras and try to put dampening remarks on, than they eat -- we got information. what's really interesting, it's very broadbased. this is not a head fake for the bigger averages. if you look at the small-cap stocks, the iww, i wm, they're rallying along with this. treasuries are selling off. money is clearly written into equities. the fiscal cliff sectors that would be here -- heard are really rallying. materials and financials are ll moving nicely hired, and the financials are moving higher because the yield curve is starting to steepen. liz: let me get to dan at the cme. you have a strange man
, that was interesting. new york values went up as well. lori: markets are scattered. that is a debate over what the fines wealth in america, cost of living, property values, you can't have one single threshold the works across the board because -- lori: bringing it back to taxes. melissa: i love it. lori: and $8 billion deal, what does it mean for the future of trading? charlie gasparino will be along with exclusive details. melissa: look at how the dollar is fairing, the market up slightly and with that, currencies are weaker across the board. we will be right back. melissa: we want to take you to capitol hill, john boehner. >> the president called on the house again and again to pass a bill to protect 98% of the american people from a tax hike. today we will do better than that. our bill will protect 99.81% of the american people from an increase in taxes. it is permanent tax relief for individuals. a permanent hatch on the alternative minimum tax, the marriage penalty, death tax relief and permanent extension of higher child tax credit and capital gains and dividends rates we see today. all
dropping to its three month low. very mild. looking at behind me in new york. what are we missing as a play, an investment like? are we in that very land and? >> we've been calling for lower natural gas. most of the profit is best. the sale at 380-385. right now it's an oversold market. 327 is the low. we hit it today anywhere between 327 and 330 i'm buying. and on the upside 342-345. i don't think we will see it again this year. liz: never again. >> okay. never again. liz: the collective commodities, the dollar, what the fed did. that seems like a million dollars to 5 million miles away. but in these next two weeks from a trader perspective. people just at the way or are they fully in because we don't have an answer? >> there will not be fully in. what we have right now, an argument between deflation and inflation. the numbers coming through, especially today. the fed is pumping action of billions of dollars in the market every month. the same time they're staying low or longer or slower longer which is an inflationary message . liz: again, people still look at that as a safety play, and i
and seen he was right. back to you in new york. >> peter, before you go there was a report by another media outlet in the 10:00 hour last night that they were calling the parents in to identify the bodies of their children. have you heard that? >> the reports we have heard are that the police set up a makeshift morgue inside the school and they photographed all of the children around they were showing the parents photographs of their children to identify them. >> okay. >> they want to reconstruct what happened and it's a pain staking process. they are only going to have one shot at it to find out what took place. who is the suspect? >> he did it. he is the shooter. >> he is adam lanza. he is 20-years old. we do know this, it seems he is thought to be by neighbors by family members either mildly autistic or a little bit some what off they say. according to one of his former classmates and who happens to be a neighbor timothy dalton, as horrible as this was, i can't say i am surprised. burn in hell adam. >> and yet there are lots of conflicting reports at this point about who he is. his broth
school is the highest paid in the country. that is right here in new york city at more than $3 million. >>> national hockey league is canceling its regular season through december 30th, i know, due to lack of collective bargaining agreement. 526 games, more than 40% of the season has been canceled. that unfortunately is that [buzzer] that is end of today's speed read. liz: it is disgusting. it is horrifying. we don't seem to be any closer to a resolution on the fiscal cliff even though many are warning that the economy could face dire consequences if there is no agreement but one strategist says, why are you worrying about december 31st? that deadline isn't even the real fiscal cliff. david: that strategist is none other than peter schiff, ceo of europacific precious metals. friend of the show. peter, although i wish it was under better circumstances. you say the real cliff coming is bigger han the housing mess, bigger than the housing crisis we went through. it's the bond mess. specifically when the fed stops printing money to buy up treasurys all hell will break loose, right? >> wel
about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competition. with the findings you see stocks down 4%. back to you. melissa: interesting. lori: thank you. melissa: a battle for a deal inn the fiscal cliff continues, democrats cannot seem to find a compromise on top earners. rich edson is back in the white house with more. >> president obama said look, if rep
. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things along pushing us along throughout this entire last six months. lori: absolutely. thank you so much, nicole petallides on the floor of the new york stock exchange. protests turn
of jet lag. >> we'll take you a week. >>> "morning joe" starts right now. ♪ >>> nation, i love new york city. the big apple, the city that never sleeps, rat zanadu. so i was crushed to learn the metropolis i know and love has changed. >> not one person was murdered in new york city on monday. nypd deputy commissioner paul brown couldn't even remember the last time a day went by where not one person was shot, stabbed, or slashed. >> what happened? i remember the real new york of the '80s. when in a single night you could score some weed, catch a time square porno and get stabbed in the neck by a coked up lou reid. and that was a pretty good first date. now time square has become a bubba gump wimp company. >>> good morning. it's tuesday. december 4th. welcome to "morning joe." with us onset, we have msnbc senior political analyst mark haleprin. oh, my god, please stop. just get it off. get it off -- >> pulitzer prize-winning historian jon meacham. "the art of power." >> so you know why i'm doing this. last night, mika goes to madison square garden thinking she's going to see one direction
. >>> first, let's get to the news here in new york city. five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> well, president obama has threatened to veto boehner's measure and he said republicans need to drop any personal grudges they might have to do what's best for the country. >> they keep on finding ways to say no as opposed to finding ways to say yes. and i don't know how much of that just has to do with, you know, it is very hard for them to say yes to me. but, you know,
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
this weekend. >> the new york city's children's chorus opened the show singing "silent night." ♪ silent night holy night ♪ ♪ all is calm all is bright ♪ ♪ round yon virgin mother and child ♪ >>> and coming up, a cnn exclusive. we're going to hear from the family of the sandy hook elementary principal who lost her life trying to confront a killer. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> welcome back to this special edition of "early start" this morning from newtown, connecticut. she was
was left by the suspected shooter that killed two firefighters christmas eve in new york. here's nbc's ron mott with more details. >> reporter: police say the christmas eve ambush of four volunteer firefighters attacked as they arrived to battle a fire in new york. >> was a rage be interno out there. >> reporter: it was spell out in chilling details. >> quotes, i still have to get ready to see how much of the neighborhood i can burn down, and doing what i like doing best, killing people. >> reporter: authorities say 62-year-old william spengler who spent time for killing his grandmother more than 30 years ago, shot at firefighters. the. >> we're being shot at. multiple firemen down. i am shot. i think he used an assault rifle. >> killing people. >> reporter: officials say the gunman was well fortified. .38 handgun. .12-gauge shotgun and the bushmaster rifle. firefighters, tomasz kaczowka and mike chiapperini were killed. human remains were found in spengler's abandoned house. >> it's the question and we'll know know what was going through his mind. >> reporter: police are investigating whe
page of the business section in "the new york times," front page of the "wall street journal," blowing it out of proportion? >> our last report had something like 100 million users of instagram. anything that affects instagram touches a lot of people. it is still very popular. sure there is some loss of users near term after they detach themselves from twitter, but ultimately this is a business. investors should be focused on the fact facebook is trying to find ways to monetize, but they are smart, they will not jeopardize the user experience, they're better than that. they know if users have a problem with something, they will fix that. they have done these things in the past. user policies have evolved over time and will continue to evolve. important thing is they reacted very quickly, they did not wait for a week or 10 days for this to get a life of its own. it's still good, but ultimately one thing that caught my attention was the response that they will not be selling photos. their intention is if you are a business and you want to be able to use some of the data from instagram, w
of agriculture decision to cut the greens demand forecast. fact activity in new york state declining for the fifth month in a row in december as new orders dropped in the labor market remains weak. the new york fed empire state index falling into negative 8.1 from negative 5.2 in november. liz: we have larry in the pits of the chicago mercantile exchange. he will let us know about the clothes. the fiscal deal is coming. they will find out in a second, and says the market is heavily discounted and at historic levels. should you jump in? a 100-point gain on the dow jones industrial a full percentage point for the russell and the s&p and the nasdaq rather. this is a great day, isn't it? >> a good day, that is for sure. kind of took an informal poll on the floor ask a few traders are we going to reach the fiscal cliff, are we going over it? certainly most traders were not in agreement. everyone is in agreement we're not going to go over the fiscal cliff. liz: the highest of the session of the last hours of trading, what does that tell us about the next couple of days? >> traders have con
that they are not that far away, he cited a chart in "the new york times" the charts were similar. this is a "you should take the deal" press conference, and you're right, the president knew if he opened up the questions, he would get a fiscal cliff question. one of the things i was struck by was it was very clear the president was going to keep taking questions until he got another question on guns. he just kind of kept, okay, i'll take one more, one more, so it was a dual-purposed press conference, both to announce this gun control commission, although the president isn't calling it a commission being led by joe biden, but also kind of get himself get where he believes the fiscal cliff is and where it needs to go, at least rhetorically get himself out on both those things, and he did it. that's the power of the presidency. >> the other question is at the end, until then, all the questions were about the fiscal cliff and no follow-up questions about what exactly policies, what policies are going to be part of this gun task force. >> and that -- what's hard on this, andrea, that's the difficult thing, and i
morning, everyone. welcome to "early start." i'm john berman here in new york. >> and i'm zoraida sambolin, live in newtown, connecticut. we'll be bringing you the very late ef on the investigation as john said, the children are starting school as well with an increased police presence, will it be enough for the parents and of course we have another funeral we are following this morning for you as well. john? >> another beautiful young child we buried up there, four days after the school massacre that numbed the entire nation. this is the latest. this unspeakable tragedy is reigniting the gun control debate all over the country. president already taking steps to ban assault rifles with his vice president leading the charge. plus, this brand new overnight, dick's sporting goods has banned the sale of ar-15 rifles and other guns like it for now. the modern sporting rifle section of its website, totally blank this morning. the company releasing a statement saying, quote, out of respect for the victims and their families we have removed all guns in our store nearest to newtown and suspended th
he made racial comments about jeremy lin, the new york knicks and now houston rockets basketball player who is asian-american. when he he starts to talk about you in these terms, you know, this is in line with ma marginalizing what you had to say which was a totally legitimate comment about the white establishment going into lower numbers because of the rise in terms of blacks and hispanics. now he wants to make you out to be master of some big house. how ridiculous. let me tell you something. if he's asked to be on your show, the most popular show on cable tv, he should have regarded it as an honor and opportunity to have platform to speak out as a free black man. he's somehow twisted this in an attempt to make it racial, to make you into a bad guy, and that is an attack on honest debate in this country. i have written a book about it. they're trying to put a muzzlele on you, bill. they want muzzles on me when i say i'm in favor of school reform. this is madness. >> how do you see it? >> it's hateful and nasty and often the people who claim to be as open minded and tolerant amon
an exchange like the nasdaq or the new york stock exchange tries to make any kind of merger or acquisition, it's usually rejected lately. >> well, i think what we've looked at is bringing together canada's financial markets under one institution so we can really have a very strong market. now, there are competitors. we have alternative trading systems that are owned and operated by other entities, and a low barrier to entry for new organizations to come to canada. but the reality is that we think we offer the most comprehensive services. david: let's talk about how our regulations might affect your companies. dodd-frank is going to have worldwide implications. >> well, dodd-frank's really important to us. in fact, i've spent personally a lot of time in washington over the last year as dodd-frank -- david: did they accept your input? >> for sure. the cftc, in particular. it impacts us in important ways because as our institutions execute interest rate swaps, they're going to have to be bilaterally cleared. or multilaterally cleared oz opposed to -- as opposed to bilaterally. and that's importan
in the air. atlanta will have delays. as the system moves east on the weekend, even new york and boston will have delays from this storm. and then we'll talk about the west when we get back with the rest of the weather. it is a messy next couple of days. >> real sloppy. sam, thanks very much. >>> we'll get the latest on that fiscal cliff. down to 12 days before everyone's taxes go up and every government program is cut. and that is a little more likely this morning, with private talks frozen and both sides blaming each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt c
in washington state and one in new york. and, they say, he confessed to killing a vermont couple missing since last year. >>> meanwhile, ford has announced a new recall this morning. thousands of ford escape suvs and ford fusion sedans have been recalled because the engines can overheat and catch fire. only the 2013 model, the 1.6 liter engines are affected. >>> and finally, regardless of how bad you think your commute might be this morning. there's always this to make you feel better about yourself. in russia, an early season snowstorm created the mother of all tie-ups, stranding thousands of people along one of the main routes from moscow to st. petersburg. at its worst, this traffic jam stretched for about 125 miles. which i like to call a parking lots. >> no, those poor people. >> those poor people. >> and you thought your commute was bad. >> and you thought -- yeah. that's bad. that's bad. that's bad. >> three days is bad. sure it. >>> we'll make a turn now to that desperate search for an 11-year-old cancer victim whose life may be in danger. last week, her parents slipped her out of a ho
your flu shots. >>> meanwhile here in new york, police trying to find the man in this subway surveillance video, arguing with another man in the middle of the day. seconds later, he pushed that man into the path of an oncoming train. the man was killed. police are checking other video, hoping to find a clear image of the killer. no word on what the two were arguing about. >>> and finally, some quick thinking here saves the lives of these two young girls waiting for their mother outside a store. that awning above them collapses. but the girl, able to drag her sister out of the way, at the last moment. a passing truck had clipped that awning, knocking it down. thankfully, neither girl was hurt. >> wow. they look little. >> very young. >> all right. >> that was fast. >>> let's go to washington, now, for the latest on the fiscal cliff. just 28 days until everyone's taxes are set to go up. house republicans have now sent the white house their own plan for getting america's finances under control. but both sides still far apart. abc's jake tapper is covering this from the white hou
in los angeles thanks. >>> hundreds of volunteers who you are ared to new york after superstorm sandy are settling into their home away from home. when they are not helping with recovery efforts they are recouperating on the uss wright. it is equiped with sleeping quarters and a common area. anna is live with an inside look. >> hello everybody at home. finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area. many are young and even just right out of high school. it is an interesting dynamic as many of the red cross volunteers are older. retired health care workers. it can be trying. being around storm victims and devastation at times is emotionally e
and new england as well and in the big town of new york city. too shy ofg. 10 shy in maine . portions of the northern plains. there goes my ride . 50s in dixie land and portions of the gulf coast. i am glad you asked. next map shows you on thursday. almost 60 in kansasy city. temperatures in the cents in texas and gulf coast down through florida. 42 will be the high temperature here in new york city. smeeking of new york city. live on our plasa. we did this last year and they are back again. say hello to reverend rob shank with faith and action. we have a live nativity scene. >> you do. it is the same one that played out in front of the united states can supreme court. we are sending a powerful message to washington d.c. and doing it here in new york. >> steve: what are the thrings. >> how was the reception. >> it was very good. people streamed out of all of the federal buildings and we get idea that supreme court justices get a glimpse of we have stantial rights and that includes faith and freedom of speech and assembly. while this is the real reason for the season, we have to exerci
finally finished repairing their home. >> this week's rescue brings us to queens, new york, to the home of the manuel family, he is a hero in more than one ways. he made sure his entire family got out safe when the home was burning down, and it is being put back together, but there are still some jobs to be done, and that is why we are here today. >> hi, i am lee manuel. >> and i am denise. >> a police of a surge in the new york city police department for over 18 years now -- i have been a police officer in the new york city police department. i have a chance to interact with the community. >> we have lived here since 2007. we have two girls, one 2, one some months. >> in 2010, we had the fire. denise was at work, and i and my daughter were home. i saw the smoke, and i knew we had to get out right away. that fast, the fire engulfed the house. i had never experienced anything like that before, and that is a feeling i will never forget, seeing your whole house on fire like that. the rebuilding process is tough. yes, for lack of a better word, it has been tough. contractors. >> insurance c
with a star that grazes the ceiling rather than pierces it. ♪ jeanne moos, cnn, new york. >> ho, ho, ho. good night. >> ho, ho, ho. good night. >>> tonight the one and only barbra streisand. ♪ and the way we were >> extraordinary hour. the legendary superstar. >> those men are fighting for your right to make any kind of picture you want. >> her incredible career. >> i only began to sing because i couldn't get a job as an actress, you see. >> her leading men. >> i'm still after them. >> the greatest love of her life. >> you always ask that to people. why is that? >> and the tragedy that changed everything. >> i think it did scar me. >> and the politics, plastic surgery and the personal side of fame. >> you see me as this star. i don't see myself like that. >> barbra streisand, the way she is, a funny girl. this is "piers morgan tonight." >>> people ask me who i would most like to have on my show as a guest one name pops up in my mind. she's a fabulous actress with a truly iconic voice, a voice that i believe is the greatest there's ever been. she's a humanitarian, a political activist, a wif
by the killer in rochester, new york, who targeted the firefighters as they responded to that massive fire. the gruesome reason he set his neighborhood aflame. >>> and a million-dollar mixup. this family got the wrong lottery ticket. and struck it rich. now, they say they're set for life. >>> and a very good wednesday morning to you, america. we hope you all had a very merry christmas, if it's something you celebrate. great to have all of you with us this morning. robin, george, lara at home with their families. great to have paula faris, and rachel smith, host of "on the red carpet" back with us this morning. >>> and we're back from the holidays. we're all thinking about returning the gifts, right? just kidding. there's people that are going to be in the return lines. becky worley is here on how to score on both. >>> let's get right to sam. he's been tracking the rough weather that's impacted millions over the week. >> some prepared for it. they were warned in advance. what a night. 34 tornadoes rocked that area. the previous christmas tornadoes had been 12 in 1969. when we tell you this
to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especially for workers that the ipad doesn't, one of the things off the bat you'll notice this has a smart cover, sort of like the ipad, but this one has a deboard built in and you see on the back, this little kick stand in the design, lets you prop it it up. lets you use it as a mini laptop. stuart: do you g
for the new york giants. top pick. he set an all-time record . 52-twen was the final. go to ben roethlisberger, coming off of injury. big catch. mike wallace no realationn to chris. the chargers go on to win 34-24. that's what happened with the sports. big upset with the vikings and home of the bears. >> steve:-> chris wallace did you watch his power player, his dog. what a moving tribute. winston. what a life that had . a hole in their heart now he passed. >> gretchen: sorry i missed it. on a lighter note. what do airline workers think about the rest of us . have you ever done this to a flight attendant. apparently they do that when they want the flight attendant's attention. that is hated happen when people fly and are rude. 92 they looked and talked to 700 airline employees in 85 country, hey, i could use a coke over here . people trying to get off of the plane before the pilot gives the okay . stuffing too much in the overhead and charging to checked bags. you can understand it. on both sides of the aisle. >> brian: what bothers me, people ame as i am waiting in the back in the head. reall
of a meningitis outbreak in new york. the big apple is seeing a string of gay men suffering from the potentially deadly bacteria since there's so much travel between our two cities, officials want gay men here to be aware and consider getting vaccinated. >>> if gay men are planning to travel to new york over the holidays for the next several weeks and think that they may have partners from new york city, they should be aware of this and talk to their providers about potentially getting the vaccine themselves before they travel. >> routine vaccination is recommended for middle and high school students and college students living in dorms. >>> arizona isn't the only state to protest the controversial share fair. california is doing it too. drag queens calling themselves the sisters of perpetual indulgency invaded a dinner party for joe arpaio. he spoke at a middle school after he received 50 letters from 8th graders questioning him about the immigration rules, but the school canceled the meeting. >> they accused me of running concentration camps, they called me a racist, so i wanted to meet with t
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